Stock on the Move: Small Public Company and RE/MAX Enter Into a Strategic Alliance! February 14, 200616 February 2006
Wall Street News Alert's "stocks to watch" thismorning are: MortgageBrokers.com Holdings Incorporated (OTC BB: MBKR), Bankof America (NYSE: BAC), Citigroup (NYSE: C), and JPMorgan Chase & Co.(NYSE: JPM). A stock certain to receiving attention as the markets begin trading thismorning is MortgageBrokers.com Holdings Inc. (OTC BB: MBKR). Yesterdayafter the stock markets closed, the company, a compelling andinternationally-recognizable mortgage brokerage brand and consolidationfirm, issued an impressive press release announcing that it has enteredinto a 10-year integrated licensing and marketing agreement with RE/MAXOntario-Atlantic Canada Inc., ("RE/MAX"), the largest real estate brokeragenetwork in Canada. The magnitude of this type of announcement should excite investors! "Byaligning ourselves with RE/MAX, we have a unique opportunity to capitalizeon the power associated with RE/MAX brand," says Alex Haditaghi, CEO ofMortgageBrokers.com. "The agreement, effective June 1, 2006, will clearlyaccelerate MortgageBrokers.com's expansion across the country." Wall Street News Alert is putting aggressive investors on notice tocontinue watching this company! According to the agreement, RE/MAX andMortgageBrokers.com have entered into a strategic alliance to launchMortgageBrokers.com's mortgage origination business model to RE/MAX'sfranchisees. As part of the alliance, RE/MAX and its franchisees have beenprovided an opportunity to invest up to $6,000,000 in MortgageBrokers.comHoldings Inc. through a Private placement. This could be big! According to the company, Alex Haditaghi, Chairman andCEO of MortgageBrokers.com, stated, "We are extremely pleased to form thisstrategic alliance with the impressive RE/MAX organization. Founded 26years ago with its original founders operating today, RE/MAX offers marketcredibility, stability and tremendous new growth opportunities forMortgageBrokers.com sales force on an international basis. The company'strack record speaks for itself. RE/MAX agents close three times more dealsthan the industry average, and outperform the competition in virtuallyevery market in Canada. We believe this partnership could propelMortgageBrokers.com to become a significant force in the North Americanmortgage market." "The Canadian real estate landscape is changing. We've been on the lookoutfor a breakthrough concept for quite some time," said Michael Polzler,Executive Vice President, Regional Director, RE/MAX Ontario-AtlanticCanada. "The mortgage solution proposed by MortgageBrokers.com held ourattention from the onset because it allowed our realtors to take control ofancillary services. We're confident that this bold new direction willforever change the real estate industry in the years to come." Prior to yesterday's press release, the stock closed yesterday at $1.78 ashare. For Wall Street News Alert's in-depth profile of MortgageBrokers.comHoldings, visit http://www.thenewssvc.com/MBKR021306.html To view all of Wall Street News Alert's special early morning tradingalerts for this morning, visit www.WallStreetNewsAlert.com, where you mayalso sign up to receive free email alerts in advance of our press releasesbeing issued. Highlighted Links Our Home Page FREE Email Alert Service In case you are not familiar with the companies: MortgageBrokers.com is amortgage brokerage brand and technology firm working on the consolidationof over 40,000 small and medium mortgage broker (SME) shops in NorthAmerica. MortgageBrokers.com's consolidation strategy is based on a visionof combining SME brokerages into a scalable operating entity that canbetter compete in the industry under one recognizable brand. The primeobjective is to improve the economic performance of the combined companiesthough the reduction of operating costs, expansion of a national brand,diversification of product lines and investment in technology. MortgageBrokers.com is offering an equity participation in its publiccompany, in exchange for mortgage origination books of business, providingmortgage brokers with ownership, a career exit strategy and a retentiontool unmatched in the North America. RE/MAX is Canada's leading real estate organization with over 15,600 salesassociates in more than 610 independently-owned and operated offices. TheRE/MAX franchise network, now in its 33rd year of consecutive growth, is aglobal real estate system operating in over 62 countries. More than 6,000independently-owned offices engage over 114,000 member sales associates wholead the industry in professional designations, experience and production,while providing real estate services in residential, commercial, referral,relocation and asset management. Stocks showing interesting activity yesterday at the close of the regulartrading day were: Bank of America (NYSE: BAC) down 0.5% on 8.3 millionshares traded, Citigroup (NYSE: C) down 0.6% on 11.5 million shares traded,and JPMorgan Chase & Co. (NYSE: JPM) down 0.3% on 7.7 million sharestraded. Commentary: "The nation's retail sales report comes out today, industrial productionthis Wednesday, and PPI on Friday. Thursday will see the latest on newhome construction," stated Sonja Rudd in Wall Street News Alert's dailycommentary continued at: http://www.WallStreetNewsAlert.com. Let Wall Street News Alert help advertise for your company using oureffective awareness campaigns. 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